State Government And Economic Performance By Dr. Paul Brace

2107 words - 8 pages

State Government and Economic Performance by Dr. Paul Brace

In this paper we are asked to read the text by Dr. Paul Brace, "State Government & Economic Performance," from that we are to decide as if we were the governor of the state of Kansas, which economic development strategy would be best for Kansas. Out of the four choices we were given, Arizona, Texas, Michigan, New York, I have chosen to argue for the example of Michigan. Before I go into great detail of the particular example I have chosen, let me give you a brief description of the governmental economic strategies of each state.
Arizona:
Arizona's economy started out with great funding from the government and also from it's abundance of natural resources. With the growing number of people moving to the new hot bed of economy, Arizona officials began to take more of a Laissez Faire approach to government. With WWI and eventually WWII, Arizona received several governmental contracts to build ships, planes and new military bases due to Arizona's natural closeness to the pacific campaign.
Not long after that Arizona's economy started record numbers of economic increase, due vastly to the tax breaks and other incentives used to bring big business to the area. Large manufacturing, technology and automobile companies looked to relocate to the booming state. This change in opportunities left the natural resources industry in Arizona a distant memory of importance. With big business booming, who needed the small time industry that carried them from its creation to where they were just after WWI. On top of that, governmental procedure had to go along with this change. After all with every action there is a equal and just as great reaction that occurs. With the hands off approach the government had implemented there were also cut backs! Lower spending on education being the biggest one. If they cut taxes, were are they going to find the money to fund the schools that are going to be needed to support the vastly growing population that would come with these businesses. And that's no even mentioning anything about the several other governmental agencies that would be effected by the lack of revenue to the state. These changes, that made Arizona the hot bed that it was, would ultimately be the same thing that would cause they downfall of the economic resurgence for Arizona.
Soon after businesses stopped coming. They claimed that because of the lack of schooling available in major programs, particularly engineering, it had became increasingly hard to find the engineers that were needed to run these plants and sustain profit.
Ultimately, Arizona's economic future according to brace, depends on two factors. As long as conditions elsewhere stimulate migration to the state, and as long as Arizona retains a relatively low cost of living compared to other states, Arizona can grow. But it is overwhelmingly convincing that Arizona's entire economy it based and virtually dependent on help from...

Find Another Essay On State Government and Economic Performance by Dr. Paul Brace

The Evolution of State and Local Government

2352 words - 9 pages thirteen colonies, or states, had a tremendous amount of control over their affairs, which many people wanted. Conversely, there were also many people who insisted on a strong national government that limited power to the colonies. A compromise was reached by the Founders of the new nation and what is known as the “federal system” was created which balanced the power between the federal, state and local governments (Buda, 2007). While this

Financial Aid Administrators and State Government

1491 words - 6 pages Communications program will help me to develop a proficiency in written correspondence which is an essential aspect of most professional careers. The Texas government plays a large role in the university system and specifically the financial aid office. The allocation of state resources provides funding for higher education and is an investment in the student that it benefits and also in the state of Texas, as it strengthens future economic growth

The Sinking of the Titanic in Dusk to Dawn by Dr. Paul J. Quinn

792 words - 3 pages The sinking of the luxurious Titanic was a traffic disaster that could have been avoided. Dr. Paul J Quinn stated in his book Dusk to Dawn " The Titanic had actually been designed to carry forty-eight lifeboats but was rejected because it made the deck look cluttered"(11). The sinking could have been avoided if the Titanic crew had not over estimated its strength, and had listened carefully to the warnings of numerous other

Globalization and the State System of Government

2554 words - 10 pages When answering the question “Who am I?” or “Who are we?,” more thought needs to be put into the response then ever before. The past 350 years have been characterized by the state system, which has provided the only answer one could possibly need to respond to the ‘identity question’. Everyone has identified themselves as a member of a state; a state being defined as a stable population with a government, a monopoly over the legitimate

State and Local Government Internet Research

774 words - 3 pages are:Statements and interpretations issued by the Governmental Accounting Standards Board (GASB), plus statements and interpretations issued by the American Institute of Certified Public Accountants (AICPA) or the Financial Accounting Standards Board (FASB) if they have been made applicable to state or local government by a GASB statement or interpretation. Technical bulletins issued by the GASB and AICPA pronouncements made specifically applicable to

Media Influences on State and Local Government

1780 words - 7 pages Around 50 million people watch CBS, ABC, or NBC every single night in order to obtain information from the day. Since the amount of people watching a news channel every night is so great, the media has had a great effect on the lives of everyone living in the United States. In our state and local government regions, each and every news channel or newspaper is going to take a certain view and stand-point on what the people say, think, and

Korean Brief Economic History and Government Policy

2616 words - 10 pages As seen above, the Korean government has been focused on import substitution for economic growth during 1953 ~ 65 period and followed by export expansion policy after 1965. However, to progress its policy efficiently, the government had to face to one of serious problem, poverty. After two major wars, the country even with a food shortage experienced lack of capital. There was no source for savings and investment to finance economic growth

Dr King's Vision of Economic and Social Justice

2844 words - 11 pages African American community—and the entire country—as federally funded job assurance for every person ready and willing to work. This is a policy approach that was explicitly supported by Dr. King, and that is currently receiving attention in economic and policy circles. In an article in Look published just after his assassination (King, 1968), Dr. King wrote that: "We call our demonstration a campaign for jobs and income because we feel that the

State and Federal Government - The Similarities and Differences

1134 words - 5 pages Governments Issuing Licenses (Driver, Hunting, Marriage, Divorce, etc.) Regulating Intrastate Commerce (meaning within the state) Conducting elections Ratifying amendments to the U.S. Constitution Providing for public health and safety Exercising powers neither delegated to the national government or prohibited from the states by the U.S. Writing their States Constitution (legal drinking and smoking ages within their state, etc.) There are some

Two Treatises of Government: The State of Nature and Property

1483 words - 6 pages John Locke's work about the two treatises of government is essential for the understanding of property and the state of nature. In the second treatise, Locke describes a theory of liberal political government based on the purity of individual property and the state of nature. In Locke's state of nature, no person has any type of control over another but instead natural order governs all people equally. Every individual has the extreme power of

The State of Government Surveillance and Civilian Privacy

1184 words - 5 pages effectiveness is becoming questionable. We’ve been able to live in a state where we know we are being watched, because the threat of constant surveillance has always thought to have been well relegated. Government Surveillance is said to be regulated. But, some would disagree saying agencies like the NSA or National Surveillance Agency, have thousands of records of data and only a few percent of their data do they actually ever use. One question in

Similar Essays

Government And Economic Performance Essay

2012 words - 8 pages legislation (Central Intelligence Agency, 2013). The economic performance of Kenya was recently placed at 111th, which is an improvement compared to last year’s ranking. Additionally, Kenya is ranked 17th among the 46 Sub-Saharan African countries, and its economic performance is above average for their region (Economic Freedom Index, 2014). Ethiopia is a democracy with a federal republic government. A federal republic is a state in which the powers

The Welfare State And Government Responses To Economic Openness

1692 words - 7 pages The Welfare State and Government Responses to Economic Openness I. Introduction Economic openness is the phenomenon in which individual economies from all over the world become increasingly connected and interdependent through greater liberalization of trade and the vast movement of goods, services, and capital across borders. With the rise of globalization, positive effects have resulted from economic openness. The widespread benefits of

The Chinese Government And The Chinese Diaspora: For State Economic Development And Global Power

2248 words - 9 pages as a means to transcend restraints that normally confine the nation-state and As a result, the government is able to increase its economic growth and global power. Likewise, Ang shares that, “currently the People’s Republic of China (PRC) is now in a new stage in its relationship with diaspora epitomized by a mainland-centred Chinese modernity that exploits the diaspora for its capitalist knowledge and mutual self-interest in pursuit of global

Inflation And Government Economic Polices Essay

784 words - 3 pages Inflation and Government Economic PoliciesWhat is inflation? Inflation occurs when the prices of goods and services increases overtime. Inflation is not measured by an increase of the cost of just one product or even several products. Inflation is a general overall price increase in the economy.What causes inflation? Two factors cause inflation. Excess aggregate demand or cost-push.1. Demand pull inflation: If the economy is at full employment